NEW YORK (TheStreet) --Shares of SeaWorld Entertainment Inc. (SEAS) are lower -1.35% to $30.05 on Friday afternoon, after a U.S appeals court for the District of Columbus Circuit upheld the decision to keep animal trainers out of the water with killer whales.
The decision will force SeaWorld to change how they present their famous killer whale shows.
The Federal Occupational Safety Agency demanded SeaWorld keep trainers from doing "water work" with the whales after the 2010 death of senior trainer Dawn Brancheau, who was killed while working with one of the animals.
The appeals court's decision will increase the separation between trainers and killer whales. The three judge panel agreed 2-1 that the company "violated its duties as an employer by exposing trainers to recognized hazards."
Must Read: Warren Buffett's 10 Favorite Growth Stocks
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV